Five year average at €7bn, 2017 recorded €11.3bn of commercial property investment. : Investment in Italian commercial property will reach €9bn this year, according to Italian real estate investor Coima. The figure is below the record-breaking level of €11.3bn seen in 2017, but still higher than the average €7bn recorded over the past five years. Coima - which released the figures at its seventh Real Estate Forum, held in Milan last week - estimates that investment in Italian real estate during the first nine months of 2018 reached €5.3bn. Capital flows during the period originated mainly from foreign investors, which provided 75% of resources.